Telia Co. to Cut 900 Jobs as Part of Cost-Saving Plan
The telecommunications operator aims to save $100 million annually through workforce reductions.
Business & Markets • 3 hours ago
Telia Co., a telecommunications operator, announced plans to cut approximately 900 jobs as part of a broader initiative to reduce annual costs by $100 million. The job reductions represent about 6.4% of the company's total workforce of 14,100 employees.
The company expects these workforce reductions to be completed before the end of the current year. The cost-saving measures are designed to streamline operations and improve financial efficiency within the organization.